Karachi October 2 2022: Mr. Waleed Tariq Saigol, Chairman has ceased to be the Chairman of the Company w.e.f. September 29, 2022 and Mr. Mohammedulla Khan Khaishgi has been appointed as Chairman in his place, according to the filing by the company to the exchange.
Mr. Mohammedulla Khan Khaishgi has been appointed as Director as Mr. Khaldoon Bin Latif has ceased to be the Director of the Company w.e.f. September 29, 2022.
Mohammedulla Khan Khaishgi founded The Resource Group International Ltd. Mr. Khaishgi is Director & Partner at Alert Communications, Inc., Director & Partner at TRG Marketing Services, Inc., Director & Partner at Quesnay, Inc., Chairman for IBEX Ltd., Director & Partner at Resource Group Philippines, Director & Partner at TRG Holdings LLC and Director & Partner at IBEX, Inc. Mr. Khaishgi is also on the board of 6 other companies.
In his past career Mr. Khaishgi held the position of Chief Operating Officer & Senior Partner at The Resource Group International Ltd. Chief Operating Officer & Senior Partner at TRG Customer Solutions Inc. and Director & Partner at TRG iSKY, Inc. (both are subsidiaries of The Resource Group International Ltd.), Chief Operating officer & Partner at Recovery Networks Consulting, Inc., Senior Director at Align Technology, Inc., Senior Investment Officer at International Finance Corp. and Senior Investment Officer at The World Bank.
Mohammedulla Khan Khaishgi received an undergraduate degree from the University of Oxford, an undergraduate degree from the University of Engineering & Technology of Lahore and an MBA from Harvard Business School.
About the Company
TRG Pakistan Limited was incorporated in Pakistan as a public limited company on December 2, 2002 under the repealed Companies Ordinance, 1984. On May 14, 2003 the Company obtained a license from the Securities and Exchange Commission of Pakistan (“SECP”) to undertake venture capital investment as a Non-Banking Finance Company in accordance with the Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003 (NBFC Rules). The principal activity of the Company, through its associate, The Resource Group International Limited (TRGIL) is to invest in a portfolio of investments primarily in the Technology, IT enabled services and medicare insurance sectors.
